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CoinPay.cr

“Can a Costa Rica-based crypto-fiat exchange become the unified financial infrastructure layer connecting blockchain networks and traditional payment rails across Latin America and beyond?”

Founded2016
HQCosta Rica
IndustryFintech / Crypto
The story

Founded in 2016 as a crypto exchange in Costa Rica, CoinPay.cr has evolved into a multi-product financial platform connecting crypto and fiat rails. The company expanded from retail crypto trading into merchant payments, international remittances, debit card issuance, and OTC services, positioning itself as a single-entry point for both retail and institutional digital asset access. Its integration with SINPE Móvil and support for domestic payment rails in Costa Rica, the US, Europe, Mexico, and Brazil reflect a deliberate pivot toward embedded cross-border financial infrastructure rather than speculation.

Last 12 months
2026-01
Product timeline
2016
CoinPay.cr established as a cryptocurrency exchange platform in Costa Rica.· pivot
2021
Published formal Terms & Conditions under JPC Solutions SRL, formalizing user agreement structure.· banking
2023
Launched Mastercard international debit card product reloadable with crypto or fiat.· card
2024
Integrated SINPE Móvil (Costa Rica's domestic real-time payment network) for local transfers.· banking
2026
Platform rebranded to v3.0.9, expanded Global Services to US, Europe, Mexico, Brazil; CPay internal payment tool launched.· pivot
Regulated entities
1
regulatory licence held by CoinPay.cr
Licence types, jurisdictions and registered entities are in the Embedded Finance Index report.
The stack
2 layers disclosed in CoinPay.cr’s embedded-finance stack
Payments / PSP
CPay (self-operated)
Card network
in the full report
Accounting gap: significant
1 more provider across 1 layer, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.